X0306 5 2019-12-31 0 0 0 0001034054 SBA COMMUNICATIONS CORP SBAC 0001106860 STOOPS JEFFREY C/O SBA COMMUNICATIONS CORPORATION 8051 CONGRESS AVENUE BOCA RATON FL 33487 1 1 0 0 Chief Executive Officer & Pres Class A Common Stock 2019-09-04 5 G 0 1975 0.00 D 252902 D Class A Common Stock 2019-11-18 5 G 0 1515 0.00 D 251387 D Class A Common Stock 2019-12-18 5 G 0 26721 0.00 D 224666 D Class A Common Stock 2019-11-18 5 G 0 1515 0.00 A 151515 I By LLC Class A Common Stock 259863 I By Limited Partnership Class A Common Stock 5675 I By Trust Class A Common Stock 5425 I By Trust Class A Common Stock 5175 I By Trust Class A Common Stock 3950 I By Trust The Reporting Person gifted these shares to a non-profit organization in an exempt transaction pursuant to Rule 16b-5 under the Exchange Act. This amount includes 28,506 net shares that the Reporting Person received in connection with the exercise of stock options previously reported on a Form 4 dated January 16, 2020. The Reporting Person gifted these shares to a non-profit foundation of which the Reporting Person serves as the President and one of the two directors in an exempt transaction pursuant to Rule 16b-5 under the Exchange Act. These shares were previously held by Calculated Risk Partners, LP and were transferred to Calculated Risk SBA Holdings, LLC. The transfer of shares was exempt from reporting pursuant to Rule 16a-13 under the Exchange Act. These shares are owned by Calculated Risk SBA Holdings, LLC, a Delaware limited liability company ("CRLLC"). The Reporting Person and his spouse control the manager of CRLLC. The Reporting Person disclaims beneficial ownership of the stock owned by CRLLC except to the extent of his pecuniary interest therein. Reflects the transfer of 150,000 shares from Calculated Risk Partners, LP to Calculated Risk SBA Holdings, LLC. The transfer of shares was exempt from reporting pursuant to Rule 16a-13 under the Exchange Act. These shares are owned by Calculated Risk Partners, L.P., a Delaware limited partnership ("CRLP"). The Reporting Person and his spouse control the general partner of CRLP. The Reporting Person disclaims beneficial ownership of the stock owned by CRLP except to the extent of his pecuniary interest therein. Each of the four different trusts is for the benefit of one of the Reporting Person's four children. /s/ Thomas P. Hunt, Attorney-in-Fact 2020-01-31